Wednesday, 21 November 2012

Latest Headlines:





Greece's Prime Minister Antonis Samaras delivers his speech during a business presentation organised by the youths of his conservative New Democracy party in Athens November 20, 2012. REUTERS/John Kolesidis

Euro zone and IMF fail to strike Greek debt deal

BRUSSELS/ATHENS - Greece's international lenders fail for the second week running to agree how to get the country's debt down to a sustainable level and will have a third go in six days' time. Full Article | Related Story

Gaza shakes, Israelis killed as Clinton seeks truce 7:24am GMT

GAZA/JERUSALEM - Israeli air strikes shook the Gaza Strip and Palestinian rockets struck across the border as U.S. Secretary of State Hillary Clinton held talks in Jerusalem in the early hours of Wednesday, seeking a truce that can hold back Israel's ground troops. | Video


China's powerbrokers block reformers: sources

BEIJING - Retired leaders in China's Communist Party used a last-minute straw poll to block two pro-reform candidates from joining the policymaking standing committee, including one who had alienated party elders, sources say. Full Article
A HP Invent logo is pictured in front of Hewlett-Packard international offices in Meyrin near Geneva August 4, 2009. REUTERS/Denis Balibouse (SWITZERLAND BUSINESS SCI TECH)

In HP-Autonomy debacle, little good advice

When Hewlett-Packard acquired Autonomy last year for $11.1 billion, some 15 different financial, legal and accounting firms were involved in the transaction -- and none raised a flag about what HP has said was a major accounting fraud. Full Article
U.S. Federal Reserve Chairman Ben Bernanke speaks to the Economic Club of New York in New York, November 20, 2012. REUTERS/Brendan McDermid

Bernanke sees good 2013 if "fiscal cliff" avoided

NEW YORK - Federal Reserve Chairman Ben Bernanke says that 2013 could be a "very good year" for the U.S. economy if politicians can strike a quick deal to avoid the so-called fiscal cliff. Full Article | Video

How gaming Libor became business as usual

NEW YORK - Manipulating Libor to profit on derivatives had become standard operating procedure among banks in a position to do so by the mid-2000s, with the tactic was so ingrained in Barclays' New York trading operation that new recruits adopted it with ease. Full Article
A United Nations (U.N.) peacekeepers' armoured vehicle drives past Congolese Revolution Army (CRA) rebels patrolling a street in Goma in the eastern Democratic Republic of Congo (DRC), soon after capturing the city from the government army, November 20, 2012. REUTERS/James Akena

Congo rebels seize city as U.N. forces look on

GOMA, Democratic Republic of Congo - Rebels widely believed to be backed by Rwanda seize Goma in eastern Democratic Republic of Congo, parading past U.N. peacekeepers who gave up the battle for the frontier city of one million people. Full Article
Aaron Laxton of St. Louis, Missouri, takes part in a demonstration in front of the White House in Washington July 24, 2012. REUTERS/Kevin Lamarque

U.N. sees an end to AIDS epidemic

An end to the worldwide AIDS epidemic is in sight, the United Nations says, mainly due to better access to drugs that can both treat and prevent the incurable human immunodeficiency virus that causes the disease. Full Article

India executes Mumbai attacker

Nov. 21 - India hangs Mohammad Ajmal Kasab, the only militant to have survived the 2008 attacks on Mumbai, which left 166 people dead. Sarah Charlton reports.


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